Plan Ledger DOL Form 5500 · updated monthly

Alpha Associates, Inc.401(k)

ALPHA ASSOCIATES, INC. EMPLOYEE RETIREMENT PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Alpha Associates, Inc. reported $35,872 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,813 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,211th of 2,419), and 6,887th of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has shrunk from 82 to 69 since 2022.

Plan summary
Net assets, end of year$15,698,618
Participants with balances92
Active participants69
Employer contributions$194,086
Employee contributions$645,727
Employer contribution per active participant$2,813
Average account balance$170,637
Benefits paid to participants$1,904,563
Plan auditUnmodified (clean) audit opinion
AuditorCULLARI CARRICO
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 92 accts · $194K emplr
2023$14.9M · 100 accts · $171K emplr
2022$12.2M · 114 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,402
Investment management$14,736
Audit (IQPA)$9,734
Total administrative$35,872
The Alpha Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$2,813
Median for plans this size$2,416
2024$2,813 per active participant
2023$2,035 per active participant
2022$1,679 per active participant

Alpha Associates, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$14,736
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,402
CULLARI CARRICO LLC · Accounting / audit$9,734
TRIAD ADVISORS LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$35,872 · 0.23%
2023$1,113 · 0.01%
2022$5,488 · 0.04%
Similar plansManufacturing · New Jersey
Kobo Products, Inc. NJ$16.1M · 0.03%
McGrory Glass, Inc. NJ$15.9M · 0.01%
Catelli Brothers, Inc. NJ$15.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221763475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.